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-   -   1977 Almost bankrupt (https://www.elvisnachrichten.de/showthread.php?t=19502)

brandalarm 20.05.2009 22:37

Off-Topic:

Zitat:

Zitat von TheKing (Beitrag 613803)
hotchick :grins: Brandy

:fish: oller Plödmann. :lol:


praytome 20.05.2009 23:08

Zitat:

Zitat von TheKing (Beitrag 613803)
Cat, this (the link our hotchick :grins: Brandy just posted) is the thread we had..this was a heavy one...there you find the whole headake we had with this...we tried to find out what Elvis earned, where the money went and so on...I´d rather would think that maybe it really was like you just mentioned in your Posting...maybe he was nearly broke....I think it could fit in the picture quite good...

But I can`t proove my thoughts with hard facts and so I learned to keep more or less my mouth shut. One could think that the document you showed here would be proove enough, but this list was part of the monsterthread and and it didn´t end the topic...very much dynamite in this one...

spitze das rechtfertig jede mühe..danke...
übrigens hatte ich überlegt wie ich drauf antworten sollte
hätte ich nicht besser gekonnt ...genauer gesagt hätte ich es gar nicht so gekonnt

TheKing 20.05.2009 23:11

I do not know nothing about Elvis, but damn shure I would like to know...

gast-20090821 21.05.2009 00:03

Zitat:

Zitat von TheKing (Beitrag 613803)
Cat, this (the link our hotchick :grins: Brandy just posted) is the thread we had..this was a heavy one...there you find the whole headake we had with this...we tried to find out what Elvis earned, where the money went and so on...I´d rather would think that maybe it really was like you just mentioned in your Posting...maybe he was nearly broke....I think it could fit in the picture quite good...

But I can`t proove my thoughts with hard facts and so I learned to keep more or less my mouth shut. One could think that the document you showed here would be proove enough, but this list was part of the monsterthread and and it didn´t end the topic...very much dynamite in this one...

I apologise that a similar topic had been posted, and tried to read some pages of this thread, but (if my German is good enough) it seems that no questions were answered with substantial proof.

But it is not that difficult to realise that Elvis was nearly broke, let me give you some examples:

Elvis had to sell his royalties of his back catalogue to RCA (to settle the divorce). Really, why would he ever do this if he had sufficient cash in the bank...I even think Ernst mentioned this in his book that Elvis was short of money already in 1973...

1977 - Vernon had to accept an offer for a live CBS TV special .. because they needed the money badly....and that was only a few months before Elvis died.

Anyone realized how awful it must have been for Elvis to be on National TV since his Aloha Show and felt and looked real bad....

Money was not the only answer, because Elvis just love to perform for a live audience. However, to do so and to keep on going, was getting more diffiicul....he had so many people to support at Graceland, it just got too much.

But to come back to the original question, yes..look at the bank statement, he was nearly broke.

Why do you think that EPE went after Ginger's mother (mortgage) and other people's financial "arrangements" who got money from Elvis. The main reason was because there was not enough money to rescue Graceland from bankruptcy. They needed to collect EVERY penny they could get.

And to answer the question : how much money did Elvis make - is not easy because 1 million $ in 1956 is much more than 1 $ m in 1977, so if you use the correction for consumer inflation (price consumer index) and extrapolate his earnings through all the years it has been estimated that he earned in total approx 240 m $ - this estimation is befor tax.

Seems like a lot of money - and it sure is - but if you look at what Elvis fans are spending in total at Graceland and Memphis on a yearly base - they spend like 170 M $ a year (split: Graceland 40-45 m $ / Memphis City: 125 m $ yearly)...

Now how much did Elvis spent...well pretty much all he earned !

praytome 21.05.2009 00:09

you don´t have to apologise

but i have to apologise that we have discussed that deeply and flaming a few times.... search for the pleite thread....

Circle G 21.05.2009 00:12

Zitat:

Zitat von praytome (Beitrag 613836)
spitze ... genauer gesagt hätte ich es gar nicht so gekonnt

Warum taucht eigentlich bei Elvis' Nachlassaufstellung bei den Firmenanteilen All Star Shows nicht auf, wo Du doch behauptet hast, Elvis besäße Anteile daran? Es scheint damit widerlegt zu sein. Vielleicht solltest Du Dich demnächst mal an wirkliche Experten halten.

TheKing 21.05.2009 00:18

Yes, I would say, that these reasons make sense. I would agree to that. It seems to be the picture.

After many years thinking about Elvis and his bitter end, I found out for me personally that we the fans sometimes don`t want to realize that Elvis career wasn´t really going too well in terms of record sales in the later years...why he should sell his back catalog, when not really needing the money? That really is a good argument...the money and the sucsess came back when he died....but before he died it was all going down...I think that you are right, Cat. This may be the sad truth...

TheKing 21.05.2009 00:30

Oder beantwortet die Frage, warum Elvis seinen Backkatalog verkauft, wenn er ja Geld wie Heu hat überall? :-)

praytome 21.05.2009 00:35

habe ich gross und breit ...er erwartete das cilla ihn auszieht
in kurzform

ich sags dir ich fang nicht nochmal an
:grins:

Circle G 21.05.2009 00:41

Zitat:

Zitat von praytome (Beitrag 613908)
... er erwartete das cilla ihn auszieht ...

Schwachsinn! Dann hätte er ja immer noch verkaufen können, wenn es zu einer nachteiligen Einigung
gekommen wäre. Aber vorher schon, auf Verdacht? So blöd kann Elvis nicht gewesen sein ... :roll:


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